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In this issue (February 24th to March 2nd), the tension between Russia and Ukraine has intensified and many countries in Europe and the United States have increased sanctions on Russia, resulting in international crude oil prices breaking through 100 successively, and domestic plastic futures rising sharply
At present, due to the excessive price drop in the early stage, the gradual increase in downstream purchases and the increase in exports, the growth rate of PVC inventory has slowed down, and the subsequent spring inspection supply shrinkage has also significantly supported the market
The PVC market rose sharply .
PVC market soared
PP is running strongly The futures market has risen strongly, the ex-factory price of petrochemicals has been partially raised, most of the merchants' offers are high, and the downstream factories are mostly cautious and wait-and-see
PP is too strong to run
The LLDPE market rose .
LLDPE market rises
(China Plastics Price Index Research Center)